Chord Energy (CHRD) Stock

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Chord Energy Corporation's recent merger and asset sales are likely to improve its cash flow and balance sheet, suggesting that CHRD may be undervalued. The company's stock buybacks and warrant expirations in 2025 could boost demand and its overall value, especially with steady EBITDA growth over the past ten years. DCF models show that there is considerable potential for growth, with fair valuations exceeding the current stock price, even though there have been recent declines in EPS and some analyst downgrades.

Chord Energy Corporation (NASDAQ: CHRD) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 11:00 AM ET. The call will feature company leaders, including Bob Bakanauskas, Danny Brown, and Darrin Henke, along with various participants from different financial institutions. The operator will begin the call by welcoming everyone to the event.

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Chord Energy Corporation (CHRD) reported quarterly earnings of $3.40 per share, which is lower than the Zacks Consensus Estimate of $3.64 per share. This is a decrease compared to earnings of $5.04 per share from the same period last year.

HOUSTON, Sept. 30, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) has announced the publication of its 2023 Sustainability Report. This report showcases Chord's dedication to sustainable practices and its commitment to openly sharing information about its environmental care, social responsibility, and corporate governance.

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The Bakken oil field is reaching maturity, leading to a decrease in the value of oil assets for companies in the area. This situation makes the valuations very appealing for companies that possess assets with several years of oil production still to come.

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